Cash Rewards Programs the Right Way
Cash reward programs are often avoided by many businesses because the notion is that it is like giving something for nothing.
The truth is, it is not really the concept of cash reward programs that does not work. Where the problem lies is in its implementation. Here at MyLeadPod, we do as much as we can to tailor fit a cash reward program that works for you.
Our program is very simple, we let you create a Cash Referral Reward Program that allows you to send and receive leads. In our experience, it works, and is satisfying for both the business owner and the customers.
What Do Reward Programs Do in the Long Run?
Any business looking into cash reward referral programs wants to know what they get in return for implementing it. The ‘what’s in it for me’ is always very important.
Indeed, what you get back is often what drives businesses to implement cash reward referral programs. While leads are one of the most immediate results of the implementation, there is one more important result.
That result is customer loyalty. A company’s loyal customers are its most profitable. Each year they become less costly to serve. It is a well-known fact that it is more expensive to attract new customers than to keep old ones. Using a cash reward and referral program is a way of keeping them happy and loyal. We can help you with that.
10 Key Steps to Success in MyLeadPod
You only have one chance to make a first impression:
Make sure MyLeadPod users and all your contacts know what Cash Rewards you offer for successful leads:
Set-up a Rewards Program: How to Create a Reward Program
Create Custom Rewards: How to set-up Custom Reward Codes
Ensure that everyone you exchange details with knows about your Reward Program. You can find predesigned materials here – you just need to add your brand and layout. Find the details: How to design MyLeadPod referral cards
Furthermore, add the MyLeadPod logo to all the channels where your business is presented; emails, website, brochures etc. MyLeadPod Branding resources
Invite other MyLeadPod Users to join your Pod by adding their Reward Codes, or via a customised invitation.How to Invite others into my Pod (add Reward Code)
These links can be embedded in your signature or a MyLeadPod logo in your email or on your website: How to share a Reward Code
Add the “Join my Rewards program” form to your website. How to share a Reward Code with embedded Form
Facebook: How to share a Reward Code with Facebook
LinkedIn: How to share a Reward Code with LinkedIn
Twitter: How to share a Reward Code with Twitter
When you receive a lead, you will be notified via email and on the MyLeadPod app, once you are in the app you have the option to ‘acknowledge’ you received the lead, once you have contacted the lead you can then register if the lead was ‘successful or ‘unsuccessful’